• Bittensor’s native token TAO has surged 18% to $490.
• The altcoin has outpaced other top gainers amid a broader market uptick in AI-related projects.
• Bulls have eyes on a breakout above $500.

Bittensor’s TAO token has experienced a sharp rise, climbing double digits to hover just shy of the $500 psychological barrier.

The TAO price had hit an intraday high of $490 at the time of writing.

The move has driven TAO to the top of daily gainers lists, surpassing even privacy-focused coins like Zcash, which had jumped 15% in 24 hours.

ETP hype and AI traction help Bittensor price

The latest catalyst for TAO’s ascent traces directly to institutional advancements.

In particular, as analysts continue to ponder whether the decentralized AI project has the potential to flourish into the Nvidia of crypto. More on this later.

More of the latest gains for TAO come after the October 29 announcement of the world’s first staked Bittensor Exchange Traded Product (ETP).

Deutsche Digital Assets and Safello launched the ETP, which went live as fresh digital asset investment product hype resurfaced.

Bittensor’s growing network and the ETP rollout seem to have come just at the right time for the project- hence TAO’s price gains.

Secured by BitGo Europe and domiciled in Liechtenstein, the product bridges traditional finance with decentralized AI, potentially unlocking billions in European institutional capital previously sidelined by regulatory hurdles.

What’s next for TAO price?

TAO’s price outlook is predominantly bullish. That’s despite it being tempered by inherent crypto volatility and macroeconomic headwinds in the short term.

A sustained close above $500 could catalyse a breakout to $700.

These are the highs seen in December 2024, and above that, bulls will be targeting a new all-time high.

In March 2024, bulls reached the all-time peak of $767.

Crypto analyst Dread Bongo shared this outlook about the token.

This top band on $TAO should act like a magnet here..

– Broken out of year long downtrend
– First ever #Bittensor Halving in 40 days
– Subnet products going live
– Major ecosystem upgrades coming
– Alpha's bottomed out
– Huge subnet partnerships and developments

People are now… pic.twitter.com/rH9hJwPGcY

— ＤＲＥＡＤ ＢＯＮＧＯ (@DreadBong0) October 31, 2025

Nvidia of crypto?

Data from CoinGecko shows that the artificial intelligence token category is marginally lower, with a 1.2% dip in total market capitalisation.

Top AI-linked cryptocurrencies such as NEAR Protocol, Internet Computer, Story, and Render have posted 24-hour gains of 2–4%.

Bittensor (TAO), however, has outperformed the group, surging 18% in the past day to maintain its position as the largest AI token by market cap at $4.69 billion.

The rally in Bittensor comes amid renewed investor enthusiasm for artificial intelligence, fueled by gains in AI-focused equities following recent developments from Nvidia and Microsoft.

Yet as investment in Bittensor funds further validates traction, whale accumulation and halving sentiment may be huge catalysts to watch.

 

The post Bittensor price pops 18% to lead top gainers: what next for TAO? appeared first on CoinJournal.

David Beckham-backed health science firm Prenetics is doubling down on its Bitcoin strategy with a fresh scoop of 100 BTC tokens. Prenetics, which joined the digital asset treasury race with an aggressive purchase of Bitcoin (BTC) in June 2025, announced…

US stocks opened higher on Friday,with S&P 500 and Nasdaq Composite posting decent gains as Wall Street cheered strong earnings results from Big Tech giants Apple (AAPL) and Amazon (AMZN). Stocks closed lower on Thursday as risk assets shed gains…

• Radiant Capital hacker has moved over 5,400 Ethereum (ETH) tokens.
• Blockchain security firm PeckShield says the exploiter moved the ETH to crypto mixer Tornado Cash.
• Radiant Capital suffered a $50 million security breach in October 2024.

Blockchain security firm PeckShield has reported that the exploiter behind the 2024 Radiant Capital hack has moved 5,400 Ethereum (ETH) tokens.

PeckShield shared the alert on October 31, 2025, noting that the substantial ETH transfer went to Tornado Cash. 

The latest in the Radiant Capital hack coins movement comes over a year after the protocol was exploited.

Ethereum (ETH) traded around $3,832 at the time of writing, down 1.5% in the past 24 hours and 3.2% in the past week.

Radiant hacker moves 5,411 ETH

Lending protocol Radiant Capital suffered a major security breach on October 16, 2024, with $51 million in user funds drained from its pools on the Arbitrum and BNB Chain networks. 

Following the incident, cybersecurity researchers linked the hackers to North Korean state-sponsored actors.

Radiant also sought help from law enforcement agencies, including the FBI.

Over the subsequent year, the funds have seen multiple movements indicative of laundering attempts.

On October 31, 2025, PeckShield alerted that the exploiter deposited 5,411.8 ETH, valued at approximately $20.7 million, into Tornado Cash.

#PeckShieldAlert #RadiantCapital Exploiter deposited 5,411.8 $ETH (worth ~$20.7M) into #TornadoCash. pic.twitter.com/Ouqiue0soF

— PeckShieldAlert (@PeckShieldAlert) October 31, 2025

This transfer involved a series of deposits in denominations of 0.1 ETH, 1 ETH, 10 ETH, and 100 ETH.

Onchain data shows the hacker’s address 0x0fa503e4…2e748ef9e sending the coins to the mixing service.

Radiant’s ETH on the move: Not the first movement

This transfer of over $20 million worth of Ether from the hacker’s address to Tornado Cash isn’t the first such movement.

On September 11, 2025, the suspected attacker moved 5,933 ETH (worth about $26.7 million at the time).

Again, through the mixer. Prior to that, on August 12, 2025, the hacker swapped 3,091 ETH for $13.26 million in DAI stablecoins, further diversifying the holdings.

There has also been a 2,834.6 ETH deposit to the mixing service via the Arbitrum bridge as the hackers break down the large heist into small batches.

In early October, blockchain security firm Elliptic revealed that North Korea-linked hackers had so far stolen more than $2 billion in crypto in 2025.

It is the North Korea-linked hackers’ “largest annual total on record,” Elliptic noted.

Notably, these attackers have cumulatively stolen over $6 billion in crypto.

“The majority of the hacks in 2025 have been perpetrated through social engineering attacks, where hackers deceive or manipulate individuals in order to gain access to cryptocurrency,” the firm noted.

The post Radiant Capital hacker transfers 5,400 ETH to Tornado Cash: PeckShield appeared first on CoinJournal.

• AI16Z price has spiked more than 11% in the past 24 hours to hit $0.069.
• Gains come amid Binance support for AI16Z to ELIZAOS token swap.
• ElizaOS is an AI project that rebranded from ai16z in January.

AI16Z price is up by more than 11% in the past 24 hours and currently ranks among the altcoins defying broader cryptocurrency market downside pressure.

In the last 24 hours, altcoins such as Zcash and GHOST have gained as the privacy-coin narrative persists.

ai16z has also gained and is among the digital tokens that are looking to thrive on the back of major network support.

Binance to support AI16Z to ELIZAOS token swap

One of the likely catalysts for ai16z price in the past 24 hours appears to be Binance’s endorsement of the AI16Z to ELIZAOS token swap.

The exchange, the world’s largest by trading volume, is set to suspend AI16Z trading on its Binance Alpha platform on November 6, 2025.

According to details, the brief halt in trading will allow the exchange to facilitate the transition.

Specifically, Binance will support the token swap at the ratio of 1 AI16Z to 6 ELIZAOS.

“At 2025-11-06 10:00 (UTC), deposits of AI16Z tokens to Binance Alpha 2.0 Accounts will be suspended. Users should ensure they leave sufficient time for their AI16Z deposits to be fully processed prior to this time. After the event is complete, deposits of AI16Z will no longer be supported,” Binance wrote.

Trading of the elizaOS (ELIZAOS) token will resume at 2 pm UTC on Nov. 7, with users also able to deposit to their accounts.

What is ElizaOS?

ElizaOS began as the memecoin ai16z (AI16Z) inspired by the tech venture capital firm Andreessen Horowitz (a16z).

However, it has since transitioned to become one of the leading agentic operating systems, rebranding from ai16z to ElizaOS in January 2025.

The project’s token is issued on Solana’s network and allows for ElizaOS governance, AI agents payments and ecosystem rewards.

ElizOS leverages decentralized governance via its decentralized autonomous organization model and features AI-driven governance.

AI16Z price outlook

The token is also up amid a broader bullish outlook for artificial intelligence-related cryptocurrencies, with AI16Z price up more than 17% this past week.

Bulls have pushed this token from intraday lows of $0.055 to above $0.069.

If bullish momentum holds, the altcoin could target October 2025 highs above $0.10.

Daily volume is up 49% to over $62 million. Meanwhile, AI16Z has a total supply of 1.1 billion tokens, with a market cap of $76.4 million.

Given, some coins are seeing fresh momentum despite Bitcoin’s crash to lows of $106k on Thursday.

While the benchmark digital asset has since recovered to around $110,000 in early trading Friday, it is in the red on the day.

Top alts Ethereum, XRP and Solana are also battling as bulls attempt to reclaim key price zones.

 

The post ai16z gains as Binance announces AI16Z to ELIZAOS token swap appeared first on CoinJournal.

• Bitcoin price fell to near $106,400, a sharp decline as stocks also tanked.
• Liquidations hit over $1 billion, with more than $400 million for BTC bulls.
• Most top altcoins plummeted too, with Ethereum dipping to under $3,700 and Solana to $179.

The crypto market’s latest bearish flip has seen Bitcoin price plummeting to around $106,411, its lowest value since dipping to near $104,000 on October 17. 

With overall weakness across risk assets, Bitcoin’s sharp drop wiped out billions in market value and triggered widespread liquidations that topped $1 billion as of writing on Oct. 30, 2025

Notably, this sell-off comes amid macroeconomic pressures, including uncertainty over Federal Reserve interest rate policies and disappointing corporate earnings from tech giants. 

Bitcoin dumps to near $106k amid crypto weakness

As noted, Bitcoin experienced a sharp decline on October 30, 2025, falling to a low of $106,411 as broader crypto weakness intensified. 

This drop came alongside a tumultuous day in traditional markets, where stocks also tanked, led by the Nasdaq Composite.

The tech heavy index fell more than 1.4% and the S&P 500 lost over 0.8% as stocks pared recent gains.

Weakness in crypto mirrors the broader financial landscape, where Federal Reserve Chair Jerome Powell’s cautious stance on a potential December rate cut added to the uncertainty, contributing to the decline in equities.

As such, market sentiment has turned increasingly bearish, with predictions suggesting further downside pressure.

Traders on betting platform Polymarket now see a 61% chance that Bitcoin will dip below $100,000 before 2026.

This is a notable increase in probability that underscores growing pessimism among participants.

However, analysts are bullish still, with BTC having tanked to lows near $100k and bounced hard in subsequent sessions.

Crypto liquidations hit $1 billion as altcoins tank

Broader market turmoil has culminated in liquidations surpassing $1 billion over the past 24 hours, with this coming as leveraged positions were forcibly closed amid cascading price drops.

Data indicates that long positions bore the brunt, accounting for the majority of losses, with Bitcoin liquidations alone totaling around $424 million. 

Ethereum followed with substantial wipeouts estimated at $317 million, while Solana saw approximately $79 million in liquidations.

While these figures pale in comparison to the $19 billion wiped out recently, they are still one of the largest single-day events in recent months.

Coinglass data shows the liquidations hit 237,311 traders, with largest single liquidation being $21.4 million in BTC-USD on Hyperliquid.

Data nonetheless shows more traders stand to be wiped out if BTC jumps above $112,000.

🚨 $3 BILLION Bitcoin shorts to be liquidated if BTC rallies just 5% to $112,600 🙏 pic.twitter.com/ukA0bbrju1

— Bitcoin Archive (@BTC_Archive) October 30, 2025

All top 10 altcoins by market capitalization have tanked in tandem, with Ethereum dropping to $3,680, BNB to $1,050 and XRP to $2.36.

Solana price fell to $179 as Jump Crypto reportedly swapped $205 million SOL for Bitcoin.

The post Bitcoin falls to $106k as crypto liquidations hit $1 billion appeared first on CoinJournal.

Crypto market maker and trading platform Jump Crypto has swapped about $205 million in Solana for Bitcoin, onchain data shows. Jump Crypto, a key player in the digital assets industry, executed the transfer on October 30, 2025, with data shared…

• The Uphold XRP rewards Debit Card is now available across the US.
• Users can spend anywhere Visa is accepted, online or in-store.
• Uphold offers up to 6% in $XRP on everyday purchases.

Uphold, a leading digital asset platform, has officially relaunched its highly anticipated debit card for customers in the United States, featuring generous rewards paid exclusively in XRP.

Ripple’s XRP is one of the most popular cryptocurrencies in the market, and continues to attract attention as the US becomes increasingly crypto-friendly.

In recent months, the return of the American market has seen several companies, including Robinhood and Bullish, make forays.

Crypto.com, Gemini, and Coinbase are among the exchanges to launch crypto rewards credit cards in the US.

Uphold brings XRP rewards via debit card

Announced on Thursday, October 30, the relaunch revives a service discontinued in March 2023 due to regulatory hurdles.

The Uphold crypto rewards card is issued by Cross River Bank as a Visa debit card.

It enables US residents in eligible states to spend fiat, over 300 cryptocurrencies, stablecoins, or metals anywhere Visa is accepted, including via Apple Pay and Google Pay.

The Uphold Debit Card is now available across the U.S. 💳

Spend 300+ digital assets anywhere Visa is accepted, online or in-store.

Earn up to 6% in $XRP on everyday purchases.

No credit checks. No waiting.

Just your crypto, your card, your way. pic.twitter.com/gbMBzRpGOT

— Uphold (@UpholdInc) October 30, 2025

Per details, the premium Uphold Elite Card offers up to 6% XRP back on purchases, zero ATM or foreign transaction fees, and a metal physical card.

The no-fee Uphold Essential Card provides 4% XRP rewards with modest fees. Users activating before January 1, 2026, lock in these promotional rates for three months.

Direct deposit of paychecks unlocks an additional 4% in XRP, potentially totaling 10% back and up to $800 monthly in rewards.

What does this mean for the XRP market?

This relaunch arrives at an important moment for XRP, and could help enhance the Ripple token’s real-world utility.

Encouraging spending and other activities will drive demand, with Uphold’s more than 10 million global users, a key market.

Notably, the card incentivizes holding and accumulation. This potentially means reduced sell pressure and is another XRP-focused campaign that could boost transaction volume on the XRP Ledger.

Furthermore, the relaunch positions XRP competitively against rivals like Coinbase, Gemini, and Crypto.com.

Coinbase’s Bitcoin-back card  and Gemini’s Solana rewards have notable traction and Uphold’s reentry signals focus amid the broader trend of crypto rewards cards. 

Ripple’s growth

XRP adoption in cross-border payments is among the targets for the cryptocurrency.

But as Ripple looks to get flying following the hurdle it faced with the US Securities and Exchange Commission lawsuit, other initiatives are up and running.

The company launched Ripple USD (RLUSD), its flagship stablecoin in 2024. Integrations across the market are on the rise, including Uphold.

The firm is taking payments, lending, and remittances to more people, with acquisitions such as stablecoin platform Rail key.

Recently, it finalized its acquisition of Hidden Road, thereby becoming the first crypto company to own a global multi-asset prime broker.

The post Uphold relaunches XRP rewards debit card in the US with up to 10% back for users appeared first on CoinJournal.

Nordea, the largest bank in the Nordic region, plans to offer access to exchange-traded products tracking Bitcoin to its customers beginning December 2025. Finland, Helsinki-based Nordea announced the move on Oct. 30, noting that the decision to provide clients access…

Tokenized real-world assets platform Ondo Finance, and leading oracle network Chainlink, have joined forces to accelerate adoption of tokenized stocks and exchange-traded funds onchain. Ondo Finance and Chainlink said in an announcement on Thursday that their strategic partnership aims to…

US stocks opened lower on Thursday, with Meta and Microsoft tanking as Wall Street wavered despite promising trade talks between President Donald Trump and President Xi Jinping. US stocks shed gains as markets weighed the latest earnings reports as well…

• Maple Finance (SYRUP) price rose 12% on strong volume.
• Gains see bulls converge near the key resistance zone of $0.50.
• The uptick comes as Maple hits a new all-time high in monthly protocol revenue.

Maple Finance (SYRUP) price is experiencing a notable outperformance.

According to CoinMarketCap data, the on-chain asset management platform’s native token has spiked more than 12% in the past 24 hours, outpacing the broader cryptocurrency market.

Notably, gains align with the platform’s record-breaking revenue performance in October 2025, and come amid key recent developments for the Maple Finance ecosystem.

SYRUP price jumps 12%, outpaces crypto market

Cryptocurrencies showed a muted reaction to the Federal Reserve’s 25 basis points interest rate cut on Oct. 29. Prices fell amid Fed chair Jerome Powell’s speech.

Bitcoin and top altcoins also showed a similar outlook during Asian hours on Thursday despite positive U.S.-China trade talks reports.

However, amid this generally subdued crypto market reaction, Maple Finance shone.

The SYRUP token registered an impressive 12% increase over the past 24 hours as it hit highs of $0.45.

This surge saw the DeFi token stand alongside Zcash, Euler and Aerodrome Finance as some of the top performers on the day with double digit gains. While selling has token’s price off intraday highs, bulls are looking to hold near $0.42.

For SYRUP, gains come amid robust trading activity.

CoinMarketCap data shows a sustained bullish momentum on the back of strong trading volume of $76.4 million – up 120% in 24 hours.

As bulls gather near a critical resistance level of $0.50, it appears fresh capital flows into Maple’s offerings and significant sector traction could aid the SYRUP price.

Maple Finance hits $2.16M in monthly protocol revenue

As SYRUP holders cheer their latest gains, also on the agenda is Maple Finance’s milestone of a new all-time high in monthly protocol revenue.

Per details, Maple reached $2.159 million for October 2025. This milestone represents a significant leap from previous months.

For context, revenue figures from earlier months showed a progressive climb.

The protocol started from modest levels around $100,000 in early 2024, before jumping to about $1.2 million by mid-2025. In October, that figure stood at over $2 million.

Notably, the revenue boost stems from increased activity in Maple’s lending and asset management services, which cater to institutional players seeking on-chain solutions.

Protocol fees from borrowing, lending, and yield-generating activities have increased substantially, reflecting the platform’s success in scaling its operations.

Key gains, in both price and revenue, are unfolding against a backdrop of strategic milestones for Maple Finance. One is the sunsetting of SYRUP staking to introduce buybacks.

MIP-019: Activate the SSF and Sunset Staking

The proposal introduces three new changes aimed at extending token buybacks, expanding governance eligibility to SYRUP, and sunsetting the staking mechanism to ensure long-term sustainability.

The vote is live on Snapshot:…

— Maple (@maplefinance) October 27, 2025

The platform recently forged a partnership with Aave, a leading DeFi lending protocol, to introduce institutional-grade credit options.

This collaboration allows for the listing of assets like syrupUSDT on Aave’s markets, enhancing liquidity and capital efficiency for users.

Additionally, Maple recently announced reaching $5 billion in assets under management (AUM), a testament to its growing influence in managing on-chain investments.

The post Maple Finance (SYRUP) surges 12% as protocol revenue hits record $2.16M in October appeared first on CoinJournal.

• Ondo Global Markets launches on BNB Chain, enabling 24/7 access to over 100 tokenized US stocks and ETFs.
• Integration of BNB Chain is part of Ondo’s expansion and boosts tokenized equities.
• The platform is live on Ethereum and will expand to other chains.

Decentralized finance platform and tokenized real-world asset issuer Ondo Finance is expanding its tokenized securities platform to BNB Chain.

According to the press release, the move is a key milestone for both Ondo Finance and BNB Chain.

For the latter, an increasingly huge player in the decentralized finance and real-world assets tokenization space, it means growth into a sector currently seeing great traction. 

Integration comes as top asset managers and other financial markets providers tap into the blockchain for fresh traction of their products, including tokenized stocks, private credit and US Treasuries.

What Ondo Global Markets’ launch on BNB Chain means

Ondo Finance announced its expansion on Wednesday, Oct. 29.

The move sees the RWA market platform bring its institutional-grade tokenized equities and exchange-traded funds (ETFs) to millions of users worldwide via BNB Chain. 

Nathan Allman, founder and CEO of Ondo Finance, commented:

“BNB Chain is home to one of the largest and most engaged global user bases in Web3. Expanding Ondo Global Markets to BNB Chain allows us to bring tokenized US stocks and ETFs to millions of users across Asia, Latin America, and other geographies, in an environment that is fast, cost-efficient, and highly interoperable. This is a major step toward making US markets globally accessible through blockchain technology.”

In particular, Ondo is helping to unlock 24/7 access to over 100 tokenized US stocks and ETFs for over 3.4 million daily active users, with BNB Chain having a notably strong presence in Asia and Latin America.  

“The integration provides BNB Chain — with its 3.4 million daily active users and expansive DeFi ecosystem — access to over 100 tokenized US stocks and ETFs, supported by leading ecosystem projects such as PancakeSwap,” Ondo wrote in its blog post.

Launched on Ethereum in September 2025, Ondo Global Markets has rapidly scaled to $350 million in total value locked (TVL).

The platform has so far generated over $669 million in onchain volume.

The platform enables non-US investors to gain seamless exposure to blue-chip assets like Apple, Tesla, Nvidia, and S&P 500 ETFs, backed by securities held at US-registered broker-dealers.

For BNB Chain users

Key features include blockchain-based settlement, fractional ownership for affordability, and deep liquidity sourced directly from traditional exchanges.

Users can redeem tokens up to $1 million per transaction with near-real-time pricing via Chainlink oracles.

Integration with BNB Chain ecosystem projects like PancakeSwap enhances accessibility, allowing seamless trading via familiar wallets without KYC hurdles for many users.

BNB Chain’s head of business development, Sarah Song, also commented on the deployment. 

“Real-world assets are one of the fastest-growing segments on BNB Chain, and having Ondo Finance join our ecosystem is another strong validation of that momentum,” Song noted. “Together, we’re expanding access to high-quality financial assets and driving the next wave of adoption that connects traditional markets with blockchain technology.”

The post Ondo Global Markets expands to BNB Chain appeared first on CoinJournal.

• Deutsche Digital Assets has teamed up with Safello to list a new Bittensor exchange traded product.
• The Safello Bittensor Staked TAO ETP offers regulated exposure to Bittensor’s TAO token with staking rewards.
• Safello’s crypto ETP goes live on SIX Swiss Exchange, one of Europe’s top crypto ETP venues.

German crypto and digital asset manager Deutsche Digital Assets (DDA) and Nordic cryptocurrency exchange Safello have announced the launch of the Safello Bittensor Staked TAO ETP.

The launch comes as the crypto industry welcomes a growing number of digital asset-related products across the market, including the Bitcoin ETP by BlackRock. 

Meanwhile, Bittensor continues to attract attention as a top decentralized artificial intelligence (AI) project.

Developments around AI, including from Big Tech giants Nvidia, Microsoft and Meta, have often pushed TAO and other AI tokens into the limelight.

Staked Bittensor ETP lists on SIX Swiss exchange

Frankfurt-based DDA, a pioneer in crypto exchange-traded products since 2017, announced the new product on October 29, 2025.

The ETP is a collaboration with Safello and brings a physically backed Bittensor ETP to the expanding market.

The product tracks the Kaiko Safello Staked Bittensor Index (KSSTAO) and is domiciled in Liechtenstein.

Trading under ticker STAO (ISIN: DE000A4APQY4) on SIX is slated to commence to enhance seamless buying and selling during standard market hours.

Moreover, the ETP is fully secured in cold storage by regulated custodian BitGo Europe GmbH and holds 100% physical TAO reserves.

What it means for investors

Investors are to benefit from total returns encompassing TAO’s price appreciation plus staking yields, automatically reinvested into the net asset value (NAV).

With a competitive total expense ratio (TER) of 1.49%, it provides an accumulating income structure, ideal for portfolio diversification amid rising interest in AI-driven blockchain assets.

Maximilian Lautenschläger, CEO and founder of DDA, emphasized the strategic fit:

“We are excited to announce the launch of Safello Bittensor Staked TAO ETP through our collaboration with Safello. By leveraging DDA’s white-label ETP platform, we enable our partner to bring their innovative crypto investment strategies to market, while ensuring compliance with regulatory standards.”

Unlocking decentralized AI

Bittensor (TAO) is currently trading at $425 and powers a groundbreaking peer-to-peer network, incentivizing collaborative machine learning.

Participants contribute data, models, and compute power for tasks like image recognition, fraud detection, and protein structure prediction, earning TAO rewards in a proof-of-stake ecosystem.

With a market cap exceeding $4.3 billion, Bittensor exemplifies the fusion of blockchain and AI, positioning it as a high-growth asset in the evolving digital economy.

Safello CEO Emelie Moritz commented,

“The launch of Safello Bittensor Staked TAO ETP underlines Safello’s conviction in decentralised AI. Bittensor is a prime example of how decentralized technology and AI are converging to reshape the future of value creation. Together with DDA, we’re making it possible for investors to easily access this innovation through a regulated and transparent investment vehicle.”

Bittensor price reached highs of $457 on Oct. 29, but its all-time high is $767, which it hit back in April 2024.

The post Deutsche Digital Assets and Safello launch staked Bittensor ETP appeared first on CoinJournal.

• Solana price hovered around $194 amid a 4.5% dip in the past 24 hours.
• However, holding near $200 amid potential bullish catalysts could be key to bulls’ advances.
• Exchange-traded funds, interest rates cut and treasury asset bets top list of bullish markers.

Solana (SOL) price dipped below the $200 mark on Wednesday as cryptocurrencies showed caution ahead of the Federal Reserve’s interest rate decision.

However, despite the 3.7% slip in the past 24 hours, institutional interest remains high. The overall macroeconomic tailwinds are also aligning, and SOL’s price could explode alongside other cryptocurrencies.

What’s bullish for Solana?

Despite the lackluster performance in the past month, Solana’s fundamentals suggest substantial upside potential.

Multiple bullish drivers point to this optimistic outlook and could fuel gains in coming months.

For instance, the rollout of spot Solana ETFs is forecast to catalyze unprecedented institutional inflows. Bitwise’s and Grayscale’s products lead the charge, but more are queued for SEC sign-off.

Day one volumes have analysts saying that a democratized access to SOL for traditional investors via familiar brokerage platforms as a potential price booster.

The ETF fervor aside, anticipation around the Federal Reserve’s interest rate decision is high. E

conomists have doubled down on a 25-basis-point reduction in the federal funds rate on Oct. 29, and anticipate a further rate cut in December. Analysts say these should be a catalyst for risk assets like cryptocurrencies.

Solana’s network activity adds to this outlook,including as seen in ecosystem revenue and decentralized exchange volumes. The SOL token is also attracting notable treasury bets.

Western Union, the world’s largest money transfer provider, building on Solana is a huge nod for the ecosystem.

Bitcoin and crypto influencer Lucky summed the above in a post on X.

Solana is catching the worldwide attention these days…

1️⃣ Solana’s first ETF launched in the U.S., hitting $56M+ trading volume on day one.

2️⃣ $8M traded in just 20 minutes, ranking among the most active crypto ETF debuts ever.

3️⃣ Western Union announced a USD-backed… pic.twitter.com/Kn2igQZRwf

— Lucky (@LLuciano_BTC) October 29, 2025

Solana price today

Per CoinGecko, Solana’s price traded at lows of $194 in early Asian hours on Oct. 29.

This is after bulls failed to make a decisive breakout above the psychological $200 mark, a threshold that now acts as a key base for both bulls and bears.

With prices down 3.7% in the past 24 hours, SOL is looking at a scenario where negative movement could extend losses to the $180 mark.

On the flipside, gains could see bulls target $250 and then $300 in the short term.

From the technical point of view, SOL price is respecting the downtrend line formed from early October.

The Relative Strength Index (RSI) on the daily chart is flatlining in the neutral area around 47.

However, while the Moving Average Convergence Divergence suggests buyers still have an upper hand, the histogram indicates bullish momentum is weakening.

The outlook suggests SOL’s price has a key immediate range of $180–$210 that could indicate next targets.

The post Solana price holds near $200 despite latest dip: what’s bullish for SOL? appeared first on CoinJournal.

• Aerodrome Finance price eyes breakout above $1.
• This comes after Animoca Brands announced it market-acquired and staked AERO tokens.
• Market sentiment and the institutional confidence may propel Aerodrome Finance price to $1.34.

Aerodrome Finance (AERO) price is up amid bullish momentum.

The token gained as web3 and gaming investor Animoca Brands makes a strategic investment, a move that helped AERO price extend 24-hours to over 10% and briefly surpass the $1 mark.

The Animoca Brands’ backing of Aerodrome Finance adds to the growing institutional interest in the decentralized exchange project on Base.

Animoca Brands acquires, stakes AERO

Animoca Brands announced its acquisition of AERO tokens on October 28, noting it made purchases on the open market. The company then staked all of these tokens for veAERO, demonstrating long-term commitment to Aerodrome Finance.

We've market acquired a position in $AERO and max-locked as $veAERO.@AerodromeFi is an innovative, next-generation AMM that has consistently captured over 50% of @base's DEX TVL, establishing itself as the central liquidity hub for the ecosystem.

Our rationale for doing this… pic.twitter.com/dBWCRkCryf

— Animoca Brands (@animocabrands) October 28, 2025

Buying and staking AERO aligns with Animoca’s mission to generate value in open networks and support innovative protocols.

As noted in the post above, the company sees Aerodrome as a dominant player on Base. With more than 50% of the DEX total value locked (TVL) on the blockchain, Aerodrome has become the central liquidity hub for the ecosystem.

“Aerodrome is a key component in the engine behind Base’s DeFi growth and Coinbase is making it seamless for its CEX users to trade tokens which have liquidity on DEXs such as Aerodrome thus driving more value to Aerodrome voters. With sustainable tokenomics for $AERO and the team’s ability to execute, Aerodrome has proven its standing as a key player in Base infrastructure,” Animoca Brands posted on X.

The investment follows a pattern of institutional backing for Aerodrome, including previous acquisitions by entities like Coinbase Ventures and Wintermute Ventures.

Alexander Cutler, CEO of Dromos Labs and a core contributor to Aerodrome, lauded Animoca’s move. He noted that AERO’s value is accessible only through open market participation and active involvement.

Price outlook: AERO bulls eye breakout above $1

At the time of writing, AERO is up nearly 2% on the day and has extended the uptick to 10% in the past 24 hours.

Over the past week, AERO has climbed 26%. This sees it outperform the broader market gains and form an uptrend since touching lows of $0.70 on Oct. 17.

Currently, price hovers in a key range near $0.99 as bulls aim for a decisive breakout above the $1 psychological level.

If AERO strengthens above $1, it would allow bulls to target the next hurdles around $1.2 and then $1.34.

The RSI at 70 on the 4-hour chart nonetheless suggests gains will firmly push AERO into the overbought zone. However, the MACD points to strength for buyers as the signal line cuts above the zero line, suggesting bullish momentum.

The post Aerodrome price surges 10% after Animoca Brands announces strategic investment appeared first on CoinJournal.

• Securitize will become a public company in a merger deal with Cantor Equity Partners II.
• The tokenization platform is eyeing a $1.25 billion valuation via the SPAC deal.
• BlackRock is among top asset managers to use Securitize to bring assets onchain.

Securitize, a pioneering platform in asset tokenization, has announced its intention to go public through a merger with Cantor Equity Partners II, valuing the company at $1.25 billion.

The platform disclosed the strategic move on October 28, 2025, with this set to mark a major development for the tokenization industry.

Securitize is at the forefront of bringing global financial institutions onchain.

Securitize going public at $1.25 billion valuation

The move sees it join a growing number of crypto-focused companies going public across Wall Street and elsewhere.

In its case, the platform, renowned for its role in tokenizing assets for entities such as BlackRock and Apollo, will merge with Cantor Equity Partners II as it eyes the $1.25 billion listing.

Cantor Equity Partners is a special purpose acquisition company (SPAC) sponsored by Cantor Fitzgerald.

The transaction is anticipated to generate up to $469 million in gross proceeds, including a $225 million private investment in public equity (PIPE) financing round.

This capital infusion will enhance Securitize’s ability to scale its operations and advance its mission of making capital markets more accessible and efficient through tokenization.

8/ The deal is expected to deliver $469M of gross proceeds consisting of an upsized $225 million in committed common stock PIPE, anchored by new and existing blue-chip institutional investors, and $244 million of cash held in CEPT’s trust account, assuming no redemptions.

— Securitize (@Securitize) October 28, 2025

The merged entity, to be renamed Securitize Corp., will list on Nasdaq under the ticker symbol “SECZ.” 

Securitize cements industry leadership

Going public sees Securitize cement its position as a leader in the tokenization space.

The platform, which has facilitated over $4 billion in tokenized assets, could attract even more attention as a public entity.

The company’s platform offers a comprehensive ecosystem, integrating with major blockchains and financial institutions.

It stands out as the first vertically integrated, SEC-registered tokenization provider.

BlackRock and Apollo are among firms to tokenize funds with Securitize.

“This is a defining moment for Securitize and for the future of finance,” said Carlos Domingo, co-founder and chief executive officer of Securitize. “We founded this company with a mission to democratize capital markets by making them more accessible, transparent, and efficient through tokenization. This is the next chapter in making financial markets operate at the speed of the internet and is another step in our mission to bring the next generation of finance onchain and tokenize the world.”

The public listing of Securitize is expected to accelerate the adoption of tokenization across traditional financial markets. Cantor Fitzgerald CEO Brandon Lutnick noted:

“We believe that blockchain technology has massive potential to transform finance, and partnering with Securitize underscores our confidence in tokenization as a foundational force in the next era of capital markets.”

The real-world asset (RWA) tokenization market has expanded by 135% over the past year, reaching a total value of $35 billion, according to recent data.

Analysts at Citi project that the tokenized RWA sector could climb to nearly $4 trillion by 2030.

The post Securitize to go public via $1.25 billion SPAC deal appeared first on CoinJournal.

• Polygon has integrated with Manifold Trading.
• The partnership focuses on decentralized finance with key being institutional liquidity.
• POL token traded near $0.20 amid the news.

Polygon Labs has announced a strategic partnership with Manifold Trading as it looks to boost Polygon’s decentralized finance (DeFi) ecosystem.

The platform revealed the integration with the quantitative trading firm via a press release on October 28, 2025. 

The news came as POL, the native token of the Polygon network, gained amid broader market optimism.

At the time of writing, POL hovered above $0.20.

Polygon partners with Manifold

Institutional-grade execution is the main take of Polygon Lab’s partnership with Manifold.

According to the announcement, the integration represents a deliberate effort to elevate the infrastructure of DeFi platforms within Polygon’s ecosystem.

At its core is Manifold’s proprietary quantitative models and high-frequency trading algorithms.

The integration brings the firm’s institutional infrastructure and experience to Polygon.

The alliance focuses on integrating Manifold’s execution engine directly into Polygon’s AggLayer, with Manifold deploying its sophisticated order routing and market-making tools tailored for DeFi environments to the Ethereum scaling solution’s network.

“Access to deep, stable liquidity is foundational to any mature financial system,” said Maria Adamjee, head of investor relations at Polygon Labs. “Manifold’s ability to actively manage spreads, size, and responsiveness across multiple venues makes them an ideal ecosystem partner as we continue scaling institutional-grade DeFi across the Polygon ecosystem.”

This integration is expected to roll out progressively.

Institutional liquidity comes to Polygon’s DeFi ecosystem

At the centre of this partnership is the infusion of institutional liquidity into the DeFi ecosystem, addressing longstanding challenges such as fragmented pools and volatile pricing.

Manifold’s quantitative models excel in providing deep liquidity through automated market-making and predictive analytics, which can dynamically adjust to market conditions.

“Polygon has become one of the most active venues for DeFi innovation,” said Noah Hanover, quantitative developer at Manifold. “We’re focused on supporting market stability and depth at scale, so that traders, protocols, and capital allocators can operate in a liquid, reliable environment.”

The integration aligns with broader market and regulatory trends.

Many top platforms are incorporating features such as on-chain proof-of-reserves and compliance hooks to appeal to enterprise adopters. 

Polygon, which recently activated its Rio upgrade to boost network transaction speed, efficiency, and cut fees, is one of the platforms eyeing greater traction.

Part of the growth has earned recognition. Ethereum co-founder Vitalik Buterin recently lauded Polygon’s role in pioneering zero-knowledge proofs.

Polygon price

POL is the native token that powers the Polygon ecosystem.

It functions as the platform’s native gas and staking token, which means it helps to secure the network as well as allow users access to the growing number of apps built on Polygon.

This marks POL as a token with real utility, a factor that has seen its price grow significantly amid both retail and institutional demand.

At the time of writing, POL traded above $0.20, a key level for bulls following recent declines

The post Polygon partners Manifold to boost DeFi ecosystem appeared first on CoinJournal.

• KernelDAO price jumped to highs of $0.23 amid Upbit listing news.
• The KERNEL token reached an all-time high above $0.46 in April, and it could target this mark next.
• Gains across the crypto market will catalyse an uptick for the token.

KERNEL, the native token of restaking protocol KernelDAO, spiked more than 25% to hit highs of $0.23 early Tuesday.

While bulls are battling to hold onto the gains, the uptick saw the token rank among the top performers across the crypto market.

Given overall crypto sentiment, could Upbit listing help KERNEL price extend its upward momentum amid interest in restaking protocols?

Upbit listing propels KERNEL to $0.23 high

As noted, the catalyst for KERNEL’s vertical price ascent today is likely trader reaction to Upbit’s announcement.

On October 28, 2025, the leading South Korean crypto exchange confirmed the token’s listing on its KRW market, adding support for trading on the Ethereum network.

The listing ignited immediate buying pressure, with KernelDAO daily volume spiking as bulls propelled KERNEL from lows of $0.16 to an intraday peak of $0.23 as of writing.

Notably, daily volume stood at over $316 million, up a staggering 1,540% in the past 24 hours.

With gains of over 20%, KERNEL ranked among the few top altcoins with double digit price movements on the day.

KernelDAO price hovered in the list of top gainers alongside Hedera’s HBAR, Pump.fun’s PUMP and Bittensor’s TAO tokens.

Why such interest in KernelDAO?

KernelDAO is a leading restaking protocol behind a $1.7 billion total value locked ecosystem.

The YZi Labs-backed project is live across top blockchains, including Ethereum and BNB Chain.

Notably, it boasts key products like Kernel, Kelp, Gain, and Kred, a recently introduced product focused on real-world assets.

Upbit’s listing is the latest in bullish support for the KERNEL token, with the South Korean crypto exchange known for its active trading community.

The listing not only boosts KERNEL’s visibility but also taps into fresh liquidity pools.

KernelDAO is a restaking infrastructure platform that provides a range of staking-related services.

It enables restaking on the BNB Chain, supports BNB Liquid Restaking Tokens (LRTs), and offers Bitcoin (BTC) restaking opportunities.

In addition, the project operates an Ethereum-based restaking protocol that runs directly on the Ethereum network.

This system includes a vault-style smart contract designed to manage staked ETH, rsETH, and liquid staking token (LST) assets.

The platform’s native KERNEL token serves multiple purposes, including governance, restaking, and slashing insurance within the ecosystem.

KernelDAO bulls target $0.50 next

KERNEL price reached an all-time high of $0.46 in April 2025, and while it dropped to lows of $0.09 in June, it has recovered by more than 115% since.

Current prices around $0.19 means bulls are about 57% off the all-time peak.

As the broader cryptocurrency market rebounds amid various catalysts, including renewed institutional interest, regulatory clarity in key regions, and macroeconomic shifts favoring risk assets, KernelDAO looks set to benefit.

DeFiLlama shows the protocol’s total value locked (TVL) has pumped to over $1.7 billion.

As such, gains across the restaking sector could add further fuel to KernelDAO’s ecosystem.

Targets on the upside include the ATH and a breakout above $0.50.

On the downside, buyers need robust activity around $0.18 and $0.16.

The post KERNEL price goes vertical on Upbit listing, hits $0.23 appeared first on CoinJournal.

• Avalanche price is looking to hold the $20 level.
• Nasdaq-listed AgriFORCE has shareholder approval to roll out an Avalanche treasury strategy.
• The company says it’s eyeing a $700m AVAX treasury strategy.

Avalanche price holds above the $20 mark amid news that Nasdaq-listed company AgriFORCE Growing Systems has secured shareholder support for a bold pivot into the Avalanche ecosystem.

The AVAX token, which has bounced off lows of $18 in the past week, shows notable resilience amid broader market optimism around a potential altcoin explosion.

AgriFORCE eyes $700 million AVAX treasury bet

Nasdaq-listed AgriFORCE, a company traditionally rooted in sustainable agriculture technologies, is eyeing an aggressive pivot into the crypto treasury strategy ecosystem.

Specifically, the company wants to become the first publicly traded entity on Nasdaq dedicated exclusively to the Avalanche blockchain network.  AVAX One is the new company.

On October 27, AgriFORCE revealed it had secured special shareholder approval for the initiative .

A $300 million capital infusion and a further $250 million offering are set to fund an aggressive AVAX treasury strategy.

In the process of acquiring and holding AVAX tokens, AgriFORCE is poised to commit up to $700 million in exposure through direct purchases, staking, and ecosystem participation.

Matt Zhang, founder of Hivemind and nominated chairman of the AgriFORCE board, commented:

“With this mandate from shareholders, we can now proceed to close the transaction and begin the focused work of accumulating AVAX strategically and creating the Berkshire Hathaway of the on-chain financial economy.”

AVAX price holds above $20: Is $40 next?

Amid the corporate enthusiasm, the Avalanche native token shows resilience.

While the price of AVAX fell from highs of $21 this week, bulls managed to recover from lows of $18. Maintaining stability above the critical $20 psychological level signals a potential bullish momentum that will align with the broader cryptocurrency market.

If bulls break above $30, the altcoin could target prices above $40. As well as tokenization, catalysts such as institutional inflows and narrative shifts around spot exchange-traded funds are critical.

AgriFORCE’s corporate strategy and market performance also point to what investors may want to look out for in the coming weeks. In its announcement, the company said it will put its plans into action in the coming days.

“The completion of this transaction will position the Company as the first Nasdaq-listed entity with a primary mission centered on the Avalanche ecosystem. The transaction is expected to close on or about October 30, 2025,” it wrote.

AVAX price reached its all-time high of $146 in November 2021.

The current price is well off this peak.

However, bulls have managed to bounce by an impressive 630% since the Avalanche price fell to its all-time low of $2.79 in 2020.

The post Nasdaq-listed AgriFORCE eyes $700M Avalanche treasury bet; AVAX price outlook appeared first on CoinJournal.

• Chainlink (LINK) price hovers at $18.50 as cryptocurrencies eye gains.
• Big news as Chainlink and Balcony team up to power over $240 billion on the on-chain property assets market.
• Price catalysts could include tokenization and spot exchange-traded funds.

Chainlink’s traction in the crypto and blockchain ecosystem sees the oracle network rank as a global standard for decentralized finance and capital markets on-chain.

Part of the growth now has the platform teaming up with Balcony, a leading real estate tokenization firm, to bring more than $240 billion in government-sourced property assets on-chain.

As the market eyes an overall bounce amid other tailwinds, could Chainlink’s native token, LINK, gain further amid the rising institutional adoption?

Chainlink and Balcony team up, eye $240 billion market

Among crypto news today is the announcement that Balcony, recognized as the premier platform for government-sourced real estate tokenization, has forged a pivotal alliance with Chainlink.

The latter is the gold-standard oracle network in the blockchain ecosystem, and the partnership points to growing adoption of Chainlink solutions.

In this case, the two platforms are collaborating via Chainlink’s Runtime Environment (CRE), which is now integrated into Balcony’s Keystone platform.

Chainlink and Balcony will tap into CRE to secure and digitize over $240 billion in on-chain property assets.

With Chainlink, Balcony has the blockchain solution to consolidate fragmented government-sourced property data into a unified, verifiable system.

The move lays the groundwork for compliant and programmable tokenized real estate, the firms said in an announcement.

What does Chainlink’s CRE offer?

At its core, CRE facilitates the seamless on-chain deployment of authenticated parcel data, fostering unparalleled transparency in an asset class that has long been hampered by opaque records and manual processes.

By embedding CRE within Keystone, Balcony unlocks new avenues for liquidity and accessibility, enabling fractional ownership, automated compliance checks, and real-time data verification.

The goal is to address longstanding challenges in real estate, such as fraud risks and inefficient transfers. It also elevates trust in tokenized markets, currently an asset category witnessing staggering growth.

Balcony’s integration of CRE is a clear example of how Chainlink’s industry-standard oracle platform is unlocking the next generation of real-world assets. By bringing government-sourced property data on-chain, Balcony is setting a new standard for transparency and efficiency in real estate. This partnership reflects an accelerating movement to redefine how institutions and market participants interact with tokenized assets in a compliant and verifiable way,” said Colin Cunningham, head of tokenized asset sales at Chainlink Labs.

LINK price outlook

Chainlink’s native token has surged in recent months amid broader market gains.

However, ecosystem developments have buoyed investor sentiment, helping bulls to hold prices above key support levels during profit taking events.

At the time of writing, LINK traded around $18.50, just in the red on the day but up nearly 4% as bulls continue to hold above $18.

Chainlink token’s resilience in the market and platform appeal in a maturing crypto landscape are two factors likely to help bulls eye new highs.

If LINK retests the $20 resistance level, a successful breakout could allow buyers to push for $30 and multi-year highs of $40.

RWA sector traction, DeFi resilience, and spot exchange-traded funds hype may prove key catalysts.

The post Chainlink expands into $240B property tokenization with Balcony; check price forecast appeared first on CoinJournal.

• Reliance Global Group adds Solana to diversify its financial holdings.
• The company’s crypto portfolio includes exposure to Bitcoin, Ethereum, XRP and Cardano.
• Investing in Solana allows Reliance to proactively embrace blockchain innovation.

Reliance Global Group Inc. (NASDAQ: RELI) has expanded its cryptocurrency portfolio with the addition of Solana (SOL), marking another step in its ongoing digital asset treasury strategy.

The move positions the company among a growing list of publicly traded firms integrating blockchain-based assets into their corporate balance sheets.

The announcement, made on October 27, 2025, confirms that Reliance now holds five of the top ten cryptocurrencies by market capitalization — Bitcoin, Ethereum, Cardano, XRP, and Solana.

The addition underscores the company’s belief in the long-term potential of blockchain technology and its applications in both finance and enterprise innovation.

Reliance expands its Blockchain exposure

Reliance’s decision to purchase Solana represents a milestone in its broader digital asset diversification strategy.

The company described the acquisition as part of its disciplined approach to building exposure across major blockchain ecosystems.

“By adding Solana alongside Bitcoin, Ethereum, Cardano, and XRP, we continue to execute our disciplined strategy of diversifying across leading blockchain ecosystems,” said Moshe Fishman, a member of the Reliance Global Group Crypto Advisory Board and Director of Insurtech at Reliance. “Solana represents the next generation of blockchain performance — built for real-world adoption and institutional-scale applications.”

Solana, currently the sixth-largest cryptocurrency by market capitalization at over $110 billion, has become increasingly attractive to corporate treasuries and institutional investors.

Known for its hybrid Proof-of-Stake and Proof-of-History consensus mechanisms, Solana can process over 65,000 transactions per second, with blocks confirming in about 400 milliseconds.

The blockchain’s scalability and efficiency have made it a favored platform for decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3 applications.

Fishman noted that expanding into Solana aligns with Reliance’s commitment to innovation while maintaining a balanced approach to governance, security, and compliance.

Institutional interest in Solana grows

Solana’s inclusion in Reliance’s treasury comes amid growing institutional and corporate interest in the blockchain.

Its expanding ecosystem — spanning DeFi protocols, tokenized real-world assets, and NFT platforms — continues to drive adoption.

Market analysts point to the increasing appeal of Solana as a potential treasury asset, bolstered by the anticipation of regulatory approval for spot Solana exchange-traded funds (ETFs).

The token traded near $200 on October 27, reflecting broader optimism surrounding blockchain utility and scalability.

Reliance’s move follows similar announcements by other public companies in recent months, as corporate treasuries diversify away from traditional assets to hedge against inflation and capture long-term value in digital markets.

Solana treasury companies

The addition of Solana to Reliance Global Group’s treasury is a strategic effort that many other public companies have tapped into across the market.

SOL’s price has largely benefited from the sentiment around these efforts.

While DeFi, NFTs and RWA traction stands out, Solana’s native token has received notable upside momentum from the growing treasury asset plays.

Forward Industries, Solana Company, Upexi, DeFi Development Corp, Sol Strategies and Sharps Technology are among the top SOL treasury companies.

Data from CoinGecko shows the 10 leading public companies cumulatively hold over 15.7 million SOL, currently worth over $3.18 billion.

The post Solana boost as Reliance adds SOL to treasury holdings appeared first on CoinJournal.

• BNB price retested highs above $1,160 as the altcoin looks for third green daily candle.
• Changpeng Zhao’s pardon helped buoy bulls and has driven part of the BNB gains.
• A macro lift has Bitcoin above $115,000 and BNB eyeing a potential rebound to $1,300.

The uptick across the crypto market has seen the BNB price retest a critical price level around $1,160. Gains signal the potential for significant upward movement, particularly as analysts point to a big week ahead for risk assets. 

With price hovering at $1,153 as of the time of writing, bulls’ flirtation with the pivotal supply zone remains critical.  

BNB price retests key supply zone

BNB’s price action over the past week has seen the token approach and briefly test the area above the $1,160 level.

This retest, occurring amid a broader market rebound, demonstrates robust buyer conviction. Binance coin has recorded two consecutive green daily closes and eyes a third.

Indeed, the 3% uptick in the past 24 hours has the exchange token holding onto a nearly 20% tick up over the past month.

The last time it traded above $1,160 was in mid-October, which is when prices crashed from all-time highs above $1,370. BNB has broken higher amid an ascending channel pattern.

The Relative Strength Index has climbed from oversold territory below 40 to a neutral 54 on the daily chart. The RSI is around 65 on the 4-hour chart.

A divergence suggests diminishing selling pressure. This could give bulls more room to wiggle upwards before overbought conditions come into view.

In this case, a decisive close above $1,160 could validate a breakout.

Bulls will target the next resistance at $1,185 and $1,215, and success will bring the ATH above $1,300 into play. However, failure to hold off bears at $1,150 might see a pullback to $1,100 and then $1,080.

What next for BNB amid CZ pardon

The horizon for BNB is considerably brighter with a recent development in mind.

In particular, President Donald Trump’s pardon of Binance founder Changpeng “CZ” Zhao not only invigorated BNB but the broader crypto market.  

Zhao served a four-month sentence in 2024, having stepped down as Binance CEO and convicted of violations of anti-money-laundering guidelines as tied to Binance’s operations. 

BNB surged immediately after Trump’s pardon. But the bigger question is whether Zhao’s pardon means he could return to the exchange behemoth.

Speculation is rife, but CZ is said to be more focused on YZi Labs and other initiatives.

The native token of the high-throughput BNB Chain has also benefited from fresh listings on platforms like Coinbase and Robinhood.

The retest of $1,160 could thus mark a key zone for both bulls and bears.

The post BNB price retests $1,160 as bulls eye $1,300 rebound amid CZ pardon boost; check forecast appeared first on CoinJournal.

• Magic Eden price soared more than 35% amid a breakout above the key resistance of $0.50.
• Trading volume jumped 1,280% to over $129 million to signal buying pressure.
• “A big week” ahead and other potential catalysts could boost ME bulls.

Magic Eden’s native token, ME, has experienced a significant price surge in the past 24 hours.

Prices rose to intraday highs above $0.60 for the first time since the October 11 crash, with bulls’ gains coming amid a retest of a key technical barrier.

As the altcoins rank among the top gainers in the 500 largest cryptocurrencies by market cap, buyers are likely to hold the crucial level and target a new leg up.

But what could help ME price in the short term?

Magic Eden among top gainers as price pumps 35%

Per CoinMarketCap data, Magic Eden’s ME token is one of the standout performers in the cryptocurrency arena today.

The token’s 35% uptick in the past 24 hours has come amid a robust trading volume of $129 million – the metric is up 1,280% in the past 24 hours.

This performance has not only outpaced the broader market but also dwarfed top performers such as Pi Network, Virtuals Protocol and Zcash.

ZEC hovered around $270 on October 24, but was near $350 at the time of writing.

On the technical front, ME broke above the critical hurdle at $0.50, reaching intraday highs of $0.60.

While the altcoin is well off its all-time peak above $13.24, bulls have bounced off the all-time low of $0.23.

ME could retest $0.55 or $0.50 before seizing on an uptick across the market to target the psychological $1 mark.

RSI at 60 suggests bulls have more room to aim for gains.

What could help Magic Eden price higher?

Several factors appear to have converged to ignite this pump.

Notably, the official Magic Eden X account issued a cryptic yet bullish proclamation early this morning: “Big week ahead.”

This post, which garnered over 300 likes and widespread speculation within the community, hinted at impending announcements or developments that could further bolster the platform’s growth.

Such communications from project leads often serve as potent catalysts, drawing in retail traders and amplifying social sentiment.

ME gains also follow the community cheering of the recent acquisition of Dynamic by Fireblocks, which the platforms announced on October 23.

As a key user of Dynamic’s developer platform, Magic Eden could benefit significantly from this integration.

Dynamic powers over 50 million on-chain accounts for industry leaders, including Kraken, Ondo Finance, Magic Eden and zerohash.

Magic Eden’s seamless user onboarding and embedded wallet functionalities for NFT trading across chains.

The deal merges Fireblocks’ institutional-grade custody with Dynamic’s agile tools, creating what executives describe as the “first complete custody-to-consumer stack” for on-chain finance.

Overlaying these platform-specific tailwinds is a broader crypto market rebound.

While gains in October 2025 remain muted as the macroeconomic environment hit risk-on sentiment, Bitcoin’s climb to $116,000 and Ethereum’s break to $4,200 has bulls excited.

The big week for crypto includes a potential rally ahead of a Federal Reserve rate cut, the impact of the US-China trade deal and SEC approval for exchange-traded funds.

The macroeconomic lift could spill over to altcoins like Magic Eden.

The post Magic Eden’s ME token soars 35%, reclaims $0.60 amid ‘big week ahead’ hype appeared first on CoinJournal.